Addition u/s 40A(2)(a) - payment to the shareholders-directors - ...

Case Laws Income Tax

April 8, 2017

Addition u/s 40A(2)(a) - payment to the shareholders-directors - compensation to the tenants for vacating the premises - Since the amount was paid as a commercial consideration and nothing was brought on record by the AO to the effect that amount so paid was higher than the fair market value, no additions - AT

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Addition u/s 40A(2)(a) - payment to the shareholders-directors - ...

Case Laws Income Tax

April 8, 2017

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